RE:RE:AcceptableStayinvested, method thoughts?
definitely better revenues than both of you had thought. ( 7-8 / 8.5 mil respectively. )
for me -
positives:
- adjusted ebita (excluding the 2.2mil unpaid account) was -1.9mil - not bad
- 27% increase in net rec sales - with increase in ASP to $5/g
- terminated KKE agreement with only 200k
(the settlement, the Company settled the outstanding Royalty Payments for Product Licence with a onetime payment of $0.2 million. As a result of the termination, the Company expects to recognize a gain of $6.8 million from the derecognition of the outstanding liability in the period ended September 30, 2020.)
- shareholders equity at 132mil or .27 cents a share.
Negatives
writedowns.......
negative gross margins......
- last Q we purchased 1mil in cannabis, this quarter 5.361 (CC?) so possibly for Q1 as well which is booked in production costs this Q.
- break even revenue seemed to move up - for me
production cash costs - 15.3mil (may be adjusted down Q1 with less purchases?)
operations cash costs - 10.001mil
all in 25.3mil?
seems high
lots of questions for tomorrow for sure......